Is 62095, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 62095 has remained a Seller's Market.
Key Takeaway
62095 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62095, IL
How much do homes in 62095, IL cost?
Median Sold Price
$112,500
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 62095 have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in 62095 was $112,500 in April 2024, up 12.6% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68.9K | $33.5K | -51.4% |
| 2 Bedrooms | $89.9K | $96K | +6.8% |
| 3 Bedrooms | $115K | $133.1K | +15.8% |
| 4 Bedrooms | $149.5K | $177K | +18.4% |
| 5+ Bedrooms | - | $175K | N/A |
Summary: 62095 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51.4%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes did not change.
Housing Supply in 62095, IL
How many homes are available in 62095, IL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 36 | 0.0% |
Summary: The 62095 real estate market had 36 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 18 | 16 | -11.1% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 3 | 7 | +133.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62095 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62095, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 62095 in April 2024, up by 8.3% month-over-month. Of the 13 sold homes, 31% were sold under asking, 15% were sold at asking, and 54% were sold over asking.
Days on Market for 62095, IL
How long does it take to sell a home in 62095, IL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 36 Days | 28 Days | -21.3% |
Summary: Homes in 62095 had an average of 28 days on market in Apr 2024, down by 21.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 62095 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in 62095; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.